Precious metals are apparently waking up. And here is where you can find the best deals.
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The House Financial Services Committee is holding a hearing on Wells Fargo's unauthorized opening of millions of customer accounts, with embattled Chairman and CEO John Stumpf testifying. Watch the hearing as MarketWatch live-blogs the proceedings.
Casualties and more than 100 people injured in Hoboken NJ train accidentSep 29, 2016 - 07:12:02 PDT
A train struck the train station in Hoboken, New Jersey Thursday morning, with reports of injuries and mass casualties, according to NBC 4 New York.
John Stumpf returns to Capitol Hill with his job still under threat & the bank facing political pressure over a sales scandal.
Wang Jianlin, whose vast property & entertainment empire reportedly brought in $44 billion in revenue last year, appeared on CNN to warn about what lies ahead for the country’s overheated real-estate market.
If the central bank bubble is popping then we may be on the verge of entering a new phase of increased volatility.
With gold up 26% year-to-date and silver up 41%, and stock and bond markets looking increasingly precarious, it’s time to start thinking about the upcoming wealth transfer. If Mike is right about what’s ahead for gold and silver, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might affect you? Not like this you haven’t…
An agreement by OPEC to work toward a production cut could put a floor under oil and points to the strain low crude prices have had on producers.
Saudi Arabia will most likely sell off all US assets to prevent any US court from freezing their assets. If they take everything out of the USA, then they can ignore the courts and not defend at all exposing themselves to discovery rules that will be very intrusive.
Final Q2 GDP Comes At 1.4%: US Set To Grow At Slowest Pace Since Financial CrisisSep 29, 2016 - 06:02:28 PDT
Using the latest NY Fed forecasts, which as a reminder [8]now expects just 2.3% annualized growth in Q3 and 1.2% Q4, down 0.5% each from the previous forecasts of 2.8% and 1.7%., the US is set to grow at just 1.4% in 2016, the slowest growth rate since the financial crisis.
Initial jobless claims remain stuck at four decade lows (254k this week)... so where are all the jobs?
The US, UK & EU nations like Germany & France have seen declining yield curve slopes over the past year. Until September 8, the date of the last ECB meeting. There was an across-the-board jump in sovereign yield curves. Then pffft. The air started leaking from the sovereign yield curves. Too bad The Fed, ECB…
Sep 29, 2016 - 05:48:37 PDT
The end game of central bank lunacy is surely near. Even the Fed heads appear to be mumbling bits & pieces of truth in public...
For the first time in U.S. history, the Federal Reserve has openly spoken about expanding its monetary policy toolbox to include the purchase of stocks — not just bonds and mortgage securities — and the implications could be huge.
The same big U.S. banks that have been required to plot their hypothetical failures for years will now have to submit formal plans that show how they’d avoid ever reaching that level of catastrophe.
Commerzbank AG Chief Executive Officer Martin Zielke plans to eliminate about one in five jobs, suspend dividends, shrink securities trading in the biggest overhaul since the global financial crisis forced the German lender into a bailout.
Weak growth, an aging workforce and poor productivity may leave the U.S. economy stuck with low interest rates for years to come, & the Fed struggling to reach its inflation target, Chicago Fed President Charles Evans said on Wednesday.
Fed Yellen said her agency has started a review of the “disturbing” compliance failures at the biggest U.S. banks after lawmakers pressed her Wednesday over revelations that Wells Fargo & Co. had opened scores of bogus customer accounts.
Today is October option expiration and Friday brings the end of the month and quarter. Therefore, we should not be surprised by the level of abject and overt price manipulation […]
Ray Dalio's Bridgewater asked precisely this question, and even better, provided the answer to how much time is left until both the ECB and BOJ hit the limits on their existing programs.
The Top Precious Metals: Which Will Be The Best Investments During The Next Financial CrashSep 28, 2016 - 15:31:49 PDT
When the next financial crash occurs, investors need to understand which of the top four precious metals are the best to invest in. Unfortunately, there has been a great deal of faulty analysis that has mislead many investors about the fundamentals of gold, platinum, palladium and silver.